Leeward Renewable Energy
Asset Manager
About 2 months ago
About the Job
LRE (Leeward Renewable Energy) is a high-growth renewable energy company forging a sustainable future through integrity, innovation, and positive impact. We own and operate 30 large wind, solar, and energy storage projects across the United States, totaling over 3 gigawatts (GW) of generating capacity.
LRE has an ambitious goal of 10GW of operating assets by 2028 and are developing and contracting an increasing pipeline of new projects every year. We take a full-lifecycle approach to our projects, built on a long-term ownership model and a company culture dedicated to our community partners and protecting the environment.
Responsibilities:
The Asset Manager has a wide range of responsibilities for the assets assigned. The position provides a perfect opportunity for a professional looking for interesting work within a small team, the ability to expand their experience, work with all levels of the organization, and contribute to the company's success.
· Drives initiatives across the portfolio to optimize fleet performance by maximizing sources of revenue, evaluating performance enhancements, collaborating with others to drive cost reductions, managing insurance claims and optimizing O&M services.
· Administer and manage major project documents, including leading resolution of significant agreement issues that stem from the operation of the project (e.g., equipment warranties, landowner agreements, PPAs, financing agreements, wind forecasting, tax agreements, environmental, and interconnection agreements).
· Ensures all commercial and governmental obligations are met including all Health, Safety, and Environmental statutes as well as ensuring all key milestones within the major agreements are achieved.
· Manages cash positions, including project distributions, to minimize working capital and maximize distributions from the projects.
· Leads the development of project-level annual budgets and long-term business plans.
· Works closely with plant managers to generate forecasts and track P&L performance.
· Provides reports/explanations to management, financing partners, and power off-takers regarding financial and operation performance as compared to budget.
· Work closely with management and tax equity partners to provide business updates, perform managing member responsibilities, and obtain consents as needed.
· Collaborate with other Asset Management staff, as well as other groups, to ensure that proper processes and tasks are in place, and to continually improve Asset Management performance.
Develop market knowledge to optimize assets within that market. Collaborate with origination and energy services groups to seize new business opportunities, including for power purchase agreements (PPAs) and sales of ancillary services.
Qualifications
· Bachelor’s degree in finance, accounting, engineering, or similar analytical degree.
· Minimum of 3 years of asset management or energy related experience.
· Excellent problem-solving skills are required.
· Ability to manage multiple projects simultaneously and prioritize work as necessary.
· Proven track record of successfully managing projects from inception to completion.
· Clear oral and written communication skills are required.
· Ability to work closely with team members of diverse backgrounds.
· Strong experience with Microsoft Word, PowerPoint, Outlook, and strong ability to perform cost/benefit analyses and budgeting in Excel.
Physical Demands
· Position will require sitting for long periods of time.
· Occasionally lifting twenty pounds or more.
· Travel 10-25%.
#LI-Hybrid
Leeward Management Services, LLC is committed to employing a diverse workforce and provides equal employment opportunity for all individuals regardless of race, color, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.
Notice to Recruiters and Staffing Agencies: Leeward Renewable Energy (LRE) does not accept unsolicited resumes from recruiting vendors or employment agencies. Only recruiting vendors with a current, signed agreement in place with LRE are authorized to submit resumes for specific, requested positions. All unsolicited resumes and candidate profiles submitted to LRE, or any LRE employee, without an active agreement or written request from LRE’s HR Department, will be considered property of LRE. LRE will not be responsible for any fees or expenses associated with unsolicited resumes or candidates submitted in this manner.
About the Company
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Leeward Renewable Energy
<p>Leeward Renewable Energy (LRE) is a leading renewable energy company that owns and operates a portfolio of 24 renewable energy facilities across nine states totaling about 2,500 megawatts of generating capacity. LRE is actively developing and contracting new wind, solar, and energy storage projects in energy markets across the U.S., with 1.9 gigawatts contracted and 20 gigawatts under development and construction spanning over 100 projects. LRE is committed to providing long-term, sustainable energy solutions across all its projects that benefit its community partners while protecting and enhancing the environment. LRE is a portfolio company of OMERS Infrastructure, an investment arm of OMERS, one of Canada’s largest defined benefit pension plans with C$121 billion in net assets (as of December 31, 2021). For more information, visit www.leewardenergy.com.</p>
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